Thursday, September 28, 2023
Courthouse News Service
Thursday, September 28, 2023 | Back issues
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Ponzi Feeder Fund

A class claims in court that Acrebay Capital Management, Credit Portfolio Lending II and their directors defrauded investors through a feeder fund for a $345 million Ponzi scam.

ROCKVILLE, Md. — A class claims in court that Acrebay Capital Management, Credit Portfolio Lending II and their directors defrauded investors through a feeder fund for a $345 million Ponzi scam.

Categories / Business, Consumers, Securities

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